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November 3, 2017

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A Spike in Freddie MBS Issuance Helped Steady Volumes for October

But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October… Read More

Housing and Mortgage Industries Call GOP Tax Plan a Dud for Homeownership

The $1 million cap is grandfathered and will only affect loans taken out after enactment of the bill... Read More

A New Fed Chairman is Picked but that Might be the Only Major Change at the Central Bank

“There was no drama surrounding this meeting of the FOMC,” said Michael Fratantoni, chief economist for the Mortgage Bankers Association. Read More

After 22 Years as President of Impac, Bill Ashmore Calls it a Day

No immediate successor to Ashmore was named, but whoever the person is they will have to deal with a slumping revenue picture… Read More

What We’re Hearing: The Mortgage Cycle Turns / PE Firms Ready to Pounce? / Show Mr. Cooper the Door? / Impac in Play? / loanDepot Retail Chief David Norris Departs for Law Enforcement Project / More Nonprime MBS on the Way

Ocwen will not be sold through a stock deal, but Nationstar could be... Read More

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